Stocks to Watch: Children's Place, Robinhood Markets, AppLovin

Dow Jones09-06

By Kelly Cloonan

Children's Place launched a cost-cutting plan set to bring in more than $40 million in benefits over the next three years. The retailer plans to reduce corporate office costs, optimize its distribution network and right-size merchandise and third-party spending. The savings will go toward the launch of a new loyalty program. The plans came as the company logged a narrower loss and lower revenue in its latest quarter. Shares rose 7.2% to $5.83 in late trading.

Robinhood Markets will be added to the S&P 500 index on Sept. 22, S&P Dow Jones Indices said Friday. The retail brokerage became known for the meme-stock craze and has since expanded to other business lines like credit cards and wealth management. Shares climbed 6.3% to $107.66 after market close.

AppLovin will also be added to the benchmark index later this month. The technology company, which connects advertisers with mobile-game developers, recorded a 77% increase in revenue in the second quarter. Shares rose 6.3% to $521.16 in after-hours trading.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

September 05, 2025 18:44 ET (22:44 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The retail brokerage became known for the meme-stock craze and has since expanded to other business lines like credit cards and wealth management. Shares climbed 6.3% to $107.66 after market close. \n\n\n  AppLovin will also be added to the benchmark index later this month. The technology company, which connects advertisers with mobile-game developers, recorded a 77% increase in revenue in the second quarter. 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